Exclusive Insight: INVL Technology Transfers Shares to Subsidiary Employees, Releases Issued Share Details

Details on shares issued by INVL Technology and voting rights allocated

INVL Technology released information on its issued shares as of April 5, 2024, following the transfer of 1,308 units of its shares to employees of its subsidiaries who had the right to pre-empt the option right. The data provided includes details such as the type of shares, number of shares, total voting rights granted by the issued shares, number of votes for the quorum of the General Shareholders Meeting, nominal value in EUR, total nominal value and authorized capital in EUR, and portion of the authorized capital in percentage.

As per the terms of signed option agreements, INVL Technology transferred 1,308 units of its shares to employees of its subsidiaries on April 2, 2024. This resulted in a decrease in the number of outstanding shares and an increase in the total voting rights granted by these shares. As a result, INVL Technology released information on its issued shares as of April 5, 2024.

As of this date, there were a total of 12,175,321 ordinary registered shares with 12,075,663 votes for the quorum of the General Shareholders Meeting. The nominal value per share was 0.29 EUR resulting in a total nominal value and authorized capital amounting to 3,530,843.09 EUR. This represented a portion of authorized capital that was equal to one hundred percent (100%).

For more information about this matter please contact Kazimieras Tonkūnas at k.tonkunas@invltechnology.lt who is Managing Partner at INVL Technology.

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